[SG Stock] Strong Momentum: Singtel
Singapore Stock News
2024-05-29 15:12:23
2.62W
Shares of Singapore Telecom (Singtel) are showing signs of a bullish breakout.
In this article, we will focus on Singapore Telecommunications Limited (SGX: Z74), whose shares are showing signs of a bullish breakout. Here are some highlights from the technical report:
Singapore Telecom (Singtel) offers a wide range of services, including fixed, mobile, data, internet, TV and digital solutions, among others.
- Market Position: "Technical Buy".
- Entry Price and Support Levels: S$2.46, S$2.40 and S$2.35; Support at S$2.39 and S$2.31.
- Stop Loss and Resistance: Stop Loss at S$2.28; Resistance at S$2.49 and S$2.68.
- Target prices: S$2.52, S$2.65, S$2.74 and S$2.82.
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